Saturday, May 16, 2009

CCCS vs. Debt Consolidators

The Suze Orman Show responded to an inquiry regarding the difference between Consumer Credit Counseling Services (CCCS) and Debt Consolidators (DC).  Suze endorses CCCS as they are non-profits who work comprehensively with clients to help them better manage their debts.  They typically do not charge a substantive up-front fee. DC on the other hand, charge an up-front fee of substance and charge a portion of money saved for consumers to their clients. DC's are typically for profit entities.

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